Highwood Asset Management Ltd. (CVE:HAM) Expected to Post Q1 2024 Earnings of $0.44 Per Share

Highwood Asset Management Ltd. (CVE:HAMFree Report) – Equities researchers at Atb Cap Markets upped their Q1 2024 earnings estimates for shares of Highwood Asset Management in a research note issued on Tuesday, April 16th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.44 per share for the quarter, up from their previous estimate of $0.36. Atb Cap Markets has a “Outperform” rating on the stock. The consensus estimate for Highwood Asset Management’s current full-year earnings is $1.19 per share. Atb Cap Markets also issued estimates for Highwood Asset Management’s Q2 2024 earnings at $0.54 EPS, Q3 2024 earnings at $0.56 EPS and Q4 2024 earnings at $0.56 EPS.

Highwood Asset Management Stock Up 22.8 %

Shares of CVE HAM opened at C$7.49 on Thursday. Highwood Asset Management has a 12 month low of C$4.00 and a 12 month high of C$9.99. The company has a market cap of C$112.42 million, a price-to-earnings ratio of -37.45 and a beta of -0.87.

About Highwood Asset Management

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Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments.

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